AIMS AMP Capital Industrial Trust: The Power of Organic Growth
Phase 3 should be constructed on the huge marshaling area (grey-coloured portion).
- Full rental contributions flowing in from 20 Gul Way Phase 1.
- 20 Gul Way Phase 2 is expected to receive TOP in June, six months ahead of schedule. Rental contributions should start flowing in 4Q2013.
- Management has applied for further maximising of plot ratio from the authorities and permission has been granted. This shows that the management is trying their best to 'milk' and 'squeeze' as much rental income as possible out of 20 Gul Way. Kudos to them. ^^
- This permit is only valid for 2 years. But just as well. Since Phase 2 is almost completed, Phase 3 can just proceed seamlessly as the construction equipment and machinery are already on-site. Perfect timing! The total rental income from 20 Gul ...
